Vol 2 Chapter 743 Change of plan · first harvest Jardine (7K large

  Chapter 743 Change of plan · Receive Jardine first (7K chapter, please subscribe~)

  The negotiation with Crindlays Bank went very smoothly. One of the two parties was a Lang Youqing, and the other was a concubine interested. After several rounds of negotiations.

  Crindlays Bank decided to sell its wholly-owned holding bank Daoheng Bank to Jiaku Bank for HK$485 million!

  After completing this transaction, Jiaku’s plan to acquire Xiangjiang Local Bank officially started.

  Subsequently, Jiaku Bank sent an inquiry letter to Hong Kong Hang Lung Bank, asking whether the other party had any idea of ​​selling Hang Lung Bank.

  Zhuang Rongkun and Zhuang Qingquan are sitting together discussing this matter.

   “What do you think about this matter?”

  Zhuang Rongkun asked Zhuang Qingquan with some headaches. To be honest, he really didn’t expect that 1979 would be over soon, and Jiaku Bank would suddenly send an acquisition inquiry to him.

  Zhuang Qingquan said: “Of course we can’t agree. Hang Lung Bank is our foundation in Xiangjiang, so we can’t sell it to Jiaku!”

  Zhuang Rongkun nodded, Zhuang Qingquan’s idea was actually the same as his, but

“I got the news that Aku Bank has just reached a consensus with Crindlays Bank to acquire their shares in Dao Heng Bank. Now Dao Heng Bank has become a wholly-owned bank of Aku Bank. Now Aku Bank has sent us an inquiry. Does Jiaku want to monopolize Xiangjiang’s banking industry after textiles, real estate, comics, toys, and department stores?”

  Zhuang Rongkun preached helplessly at this time.

  If he could, he really didn’t want to be an enemy of Jiaku, but now the other party sent him an acquisition inquiry, and he had no choice but to let him face the giant Jiaku!

  Zhuang Qingquan pondered: “It is impossible to monopolize the banking industry. After all, even if Jiaku is strong enough, HSBC still exists in the banking industry.

  However, I think the other party wants to become the second place in Xiangjiang. Otherwise, Jiaku would not suddenly ask Hang Lung Bank for quotations after successive acquisitions of East Asia, Far East, Wing On, and Daoheng. ”

  Zhuang Rongkun asked: “Do you think how determined Chu Huan is to acquire our Hang Lung this time?”

  Zhuang Qingquan smiled wryly: “This matter does not depend on how determined Chu Huan is to acquire Hang Lung, but depends on how long we can persist.”

   This is the problem caused by the huge difference in strength between the two sides.

  Hang Lung Bank now has more than 20 branches in Xiangjiang, which can definitely be regarded as an upper-middle-level banking group, but compared with Jiaku, it is not enough.

   Not to mention Jiaku, even a subsidiary of Jiaku can easily crush Hang Lung Bank.

  Zhuang Rongkun showed the same wry smile as Zhuang Qingquan, but after all, the two are veterans who have been in the mall for a long time, and it is impossible for them to raise the white flag to surrender just because of an inquiry from Jiaku.

“What is beneficial to us now is that we have an absolute controlling stake in Hang Lung Bank, and Hang Lung Bank is not a listed company, so if Jiaku wants to acquire us, it must obtain our consent, so we can completely invest in this matter. Make a fuss with each other online.”

  Zhuang Qingquan preached.

But what Zhuang Qingquan said did not make Zhuang Rongkun feel relieved, but said dullly: “Don’t forget, Jiaku is also one of our major customers of Hang Lung. If we reject Jiaku’s acquisition, if When Jiaku stops cooperating with us, it will also cause a huge crisis!”

  The reason why Jiaku’s status in Xiangjiang is called the first is not only because of its own size, but also because the entire Jiaku has considerable influence on all walks of life in Xiangjiang.

  In terms of the banking industry alone, although Jiaku also owns Alder Commercial Bank and Jiaku Bank, in fact, Jiaku also has large and small businesses with other banks in Xiangjiang.

  For Jiaku, it is just a small business, but for most enterprises, it is already the biggest business.

  As an upper-middle bank in Xiangjiang, Hang Lung Bank naturally has some connections with Jiaku.

“As long as Jiaku releases the news and stops the cooperation with our Hang Lung, according to Jiaku’s influence in Xiangjiang, it will cause a huge sensation, and even cause panic among depositors. Don’t forget, we just borrowed money before Give a lot of money to Dada Department Store, if there is a wave of crowding out at this time, Hang Lung will not be able to resist at all!”

Zhuang Qingquan was a little silent by Zhuang Rongkun’s words, and then he said angrily: “I understand now that when Yunhai Group provoked the Xiangjiang retail industry war, its purpose was not only Xiangjiang’s department store industry, but also our bank. industry.”

   “It’s useless to say these things now, let’s think about how to solve this matter!” Zhuang Rongkun rubbed his brows, speaking a little speechlessly.

  Zhuang Qingquan said: “I think we should meet with Chu Huan now. When Chu Huan was able to accept a stake in Xiangjiang’s department store business, I think he could also accept a stake in our Hang Lung Bank.

  If Jiaku can take a stake in Hang Lung Bank instead of acquiring Hang Lung Bank, then we can not only escape this crisis, but also strengthen our position in the hearts of Hong Kong depositors! ”

   Zhuang Rongkun said: “I have thought about this method, but neither of us has any friendship with Chu Huan, so we went to see Chu Huan rashly like this, can he agree to our current proposal?”

  After pondering for a while, Zhuang Qingquan’s eyes suddenly lit up, and he said: “We have no friendship with Chu Huan, but there is one person who does, and the friendship with Chu Huan is very good!”

  Zhuang Rongkun looked at Zhuang Qingquan suspiciously and asked, “Who are you talking about?”

“Jian Yueqiang!” Zhuang Qingquan said seriously: “The whole of Xiangjiang knows about the relationship between Chu Huan and Jian Yueqiang. There were even rumors before. The reason why Chu Huan was able to make a fortune in Xiangjiang was because Jian Yueqiang helped him at the beginning. If you are willing to come forward to help, I think this possibility is still very high!”

  Zhuang Rongkun was overjoyed at first, and then he said worriedly: “You also said that the relationship between Jian Yueqiang and Chu Huan is irreversible. Now that Jian Yueqiang has left the Xiangjiang business world, he doesn’t have any worries. Will he speak for us?”

  Zhuang Qingquan said: “Always have to try. Now this method is the only one I can think of, unless you can think of something better!”

  Zhuang Rongkun naturally had no better way. After thinking about it, he finally agreed with Zhuang Qingquan’s suggestion.

.

  Zhuang Rongkun and Zhuang Qingquan were still very efficient in handling affairs. They found Jian Yueqiang very quickly and explained their intentions to Jian Yueqiang.

After listening to what the two said, Jian Yueqiang showed a helpless expression: “You two, I may not be able to help you with this matter. Although I have a good relationship with A Huan, this is his business behavior. Everyone I have been in the business world for so many years, and I should understand that this kind of thing is not suitable to come forward.

   Otherwise, when A Huan bought Bank of East Asia, I wouldn’t have said nothing! ”

Naturally, Zhuang Rongkun would not give up so easily: “Brother Jian, we also know that this matter has embarrassed you, but Hang Lung Bank is our foundation in Xiangjiang, and we will never give up no matter what, and the bank of Chairman Chu It’s a first-class financial group in Xiangjiang, if there are some disputes between the two sides, it will not be a good thing for both of us!”

Zhuang Qingquan also added: “Brother Jian, although we don’t want Mr. Chu to acquire Hang Lung Bank, we are very willing to accept Mr. Chu as one of the major shareholders of our Hang Lung Bank. Xiangjiang is such a big place, everyone can’t see you up. If it really hurt the peace, wouldn’t it be a joke for outsiders?”

“That’s right!” Zhuang Rongkun also said: “Brother Jian, we are not asking you to persuade Director Chu to give up the acquisition of Hang Lung Bank, but to attract Director Chu to become our major shareholder of Hang Lung Bank. This is a win-win situation. Also, please brother Jian, for the sake of our friendship for so many years, come forward and make peace!”

   After finishing speaking, Zhuang Rongkun and Zhuang Qingquan stood up at the same time and clasped fists at Jian Yue.

   Seeing the two of them like this, Jian Yueqiang also understood that if he still refused, it would mean that the two parties really did not have friendship.

   “I can only pass on a message for the two of you. I can’t guarantee how A Huan will decide!”

  Seeing that Jian Yueqiang agreed to their request, Zhuang Rongkun and Zhuang Qingquan immediately showed smiles on their faces, and said, “Thank you, Brother Jian!”

.

   “Uncle Jian, are you here to be a lobbyist this time?”

  In Chu Huan’s office, Chu Huan and Jian Yueqiang sat on the sofa separately, and Chu Huan spoke with a smile.

Jian Yueqiang laughed, and said, “It’s not really a lobbyist, it’s just a message for Zhuang Rongkun and Zhuang Qingquan. I don’t think I have any friendship with you, A Huan, and I am worried that if the two of them come to see you directly, if you reject them face to face, there will be no room for mediation in this matter, so I found me and hoped that I would come to visit Check your mouth!”

  Chu Huan said with a smile: “I’m afraid this matter will disappoint the two of them. Jiaku Bank’s acquisition of Hang Lung Bank is an established plan, and it is impossible to change it now!”

Jian Yueqiang was not surprised by Chu Huan’s answer, and after thinking for a while, he said: “A Huan, there is something I want to ask you, of course, if you find it difficult, you don’t have to tell me the answer! ”

  Chu Huan asked: “Uncle Jian just ask any questions, there is nothing that cannot be answered!”

   Jian Yueqiang said: “I think the acquisition of Hang Lung Bank should not be the end of Jiaku Bank, right?”

In this matter, there is really no need for Chu Huan to hide it from Jian Yueqiang, and said with a smile: “That’s right, the acquisition of Hang Lung Bank is actually just a starting point for our Jiaku Bank. If possible, I hope to acquire more Xiangjiang Local Bank.”

Jian Yueqiang was not surprised by Chu Huan’s answer, and said with a smile: “Ah Huan, what I want to tell you next has nothing to do with Zhuang Rongkun, Zhuang Qingquan and the others. Some advice from you!”

  Chu Huan said with a smile: “Since I entered the Xiangjiang business world, Uncle Jian, you have always taken good care of me, just say it!”

  Jian Yueqiang said: “When I suggested you buy a bank, I actually hoped that you could have more of your own secrets and not be known by outsiders. Now that you have succeeded in this matter, I am very happy for you.

  However, now that you want to expand your own Jiaku Bank, in my opinion, it is actually not a very good time, or it is a bit ahead of schedule. ”

  Chu Huan adjusted his sitting posture. For a senior banker like Jian Yueqiang, Chu Huan still attaches great importance to his words.

Chu Huan’s own advantage is due to his understanding of the development of future generations. Although an old Xingzun like Jian Yueqiang does not have Chu Huan’s understanding of future development, his analysis of the current situation and his understanding of the industry are definitely superior to Chu Huan’s. of.

   “Uncle Jian, you speak, I listen!”

  Jian Yueqiang was also very pleased to see Chu Huan’s attitude. There are not many people in Xiangjiang who can make Chu Huan respect him so much.

“Whether it is the acquisition of Dao Heng Bank, or the acquisition of Hang Lung Bank now, I think this is the template for your success in other industries before copying yourself. Although Hongkong Bank is still dominated by HSBC Bank, such a situation It is impossible to change in a short time.

   But I think your goal should be to become HSBC’s second existence, at least to surpass Hang Seng Bank and make your own Jiaku Bank! ”

  Chu Huan nodded and said: “I really have such an idea!”

Jian Yueqiang nodded, and said: “And what I said before is not the best time, this is actually the problem. I know that you, A Huan, have a lot of influence in England. This is why you are able to be so big in Xiangjiang now, A Huan.” One of the reasons for the scale of monopolizing multiple industries.

But the financial industry is too sensitive, and Xiangjiang is very important to England. Before the two sides make a formal statement, England will never allow you to do the same in the banking industry in Xiangjiang. massive.

  Maybe, A Huan, you have other ways, but I think this will definitely require you to pay something.

  And what I am worried about now is, is the price you pay now in line with the benefits you get after acquiring these banks? ”

   Facing Jian Yueqiang’s question, Chu Huan was a little silent. He had to admit that what Jian Yueqiang said was reasonable. Before that, his behavior was so smooth that Chu Huan began to ignore some things that should be taken seriously.

  However, Jian Yueqiang still doesn’t have a good understanding of Chu Huan’s strength. Although there will definitely be some resistance from the British side, Chu Huan believes that this resistance must not be as great as Jian Yueqiang thought.

  So this is also one of the reasons why Chu Huan ignored it.

   “In addition, there is another reason!” Jian Yueqiang continued to analyze his thoughts to Chu Huan.

“I know that you, A Huan, have always been very determined about taking back Xiangjiang in your hometown, and I have also been to the capital with MacLehose. I heard some rumors that my hometown is very determined to take back Xiangjiang. .

So now we will make an assumption based on the premise that our hometown will definitely be able to take back Xiangjiang. If this matter is announced, I think it will definitely bring about huge changes to the business community of Xiangjiang. China’s business world is bound to go through a period of turmoil.

  According to the current economic situation in Xiangjiang, if there is turmoil in the business community of Xiangjiang, then the real estate industry and the financial industry must bear the brunt at that time.

  If you shot at that time, I think your pay will be far less than the current situation, but at the same time your income will be far greater than the income you get now. ”

   After Jian Yueqiang finished speaking, Chu Huan immediately recalled the bank run in Xiangjiang in 1982.

  In this incident, banks such as Hang Lung, Overseas, Sun Hung Kai, Ka Wah, Wing On, Youlian, Kang Nian, etc. were successively attacked by bank runs.

  The major shareholders of these banks also changed hands at this time.

  Thinking of this, Chu Huan really admired Jian Yueqiang in his heart, because he clearly knew the direction of the matter, and Jian Yueqiang analyzed it completely based on the current situation.

   “There are other things!” Jian Yueqiang obviously thought about the current situation seriously before coming to see Chu Huan.

“Nowadays, there have been rumors that you are interested in Jardine and Landmark. According to the current development speed of Jiaku and the scale of Yunhai Group, I think according to your character, Ahuan, you must not be able to bear it. The family consortium started.

   First became the second largest bank consortium in Xiangjiang, and then acquired Jardine Matheson. Or that sentence, how far can your relationship in England tolerate you? ”

  Chu Huan sat there without saying a word. He had already admired Jian Yueqiang just now, and he stopped admiring Jian Yueqiang now.

  But what Jian Yueqiang said really made Chu Huan once again increase the importance he attached to the businessmen of this era.

   “Uncle Jian, what are your thoughts?”

Jian Yueqiang laughed, and said, “Don’t worry, the reason why I can think so much is because I am analyzing the whole thing with an attitude that has nothing to do with me. Simply put, I am not in this mountain, so Only then can I see the whole mountain, while other people are in the mountain, so it is naturally impossible to see it.”

  Both parties did not specify the specific situation, but they both knew what the other party said.

   “Uncle Jian, I have to say, this time you are really a good talker!”

  Chu Huan spoke with a wry smile.

Jian Yueqiang shook his head and said: “A Huan, you are wrong. I have already said it just now. I am not here to be a lobbyist. What I just said is that after Zhuang Rongkun and Zhuang Qingquan found me, I, as one of your elders, , after seriously considering your current situation, I will give you a piece of personal advice.”

  Chu Huan got up and laughed, “Uncle Jian, I said something wrong just now!”

  Jian Yueqiang smiled and said: “Of course, if you really listen to me this time and give up the acquisition of Hang Lung Bank, I think my reputation in Xiangjiang will probably go up to a new level!”

  Chu Huan knew that Jian Yueqiang was joking. In fact, at Jian Yueqiang’s current position in Xiangjiang, he no longer needed any external force to improve his reputation.

After thinking for a while, Chu Huan said: “Uncle Jian, you can tell Zhuang Rongkun, Zhuang Qingquan and the others after you go back. I was persuaded by you to give up the idea of ​​buying their bank and at the same time give up the idea of ​​becoming a shareholder of their bank! ”

   This is not because Chu Huan easily gave up on his previous plan, but because Chu Huan understands that Jian Yueqiang’s analysis is more reasonable.

   And the most important thing is about the Yihe matter analyzed by Jian Yueqiang.

For Chu Huan, the most important thing at this stage is to acquire Jardine Matheson, rather than to integrate Hong Kong’s banking industry. The future of Xiangjiang’s banking industry will encounter a wave of liquidation is a general trend and cannot be changed, so Chu Huan can wait. , after all, it will be 80 years soon, and it will not be long before 82 years.

  The bank run incident in Xiangjiang in 1982 cannot be simply regarded as an individual event, it was caused by a series of events.

  In the last few months of 1981, Xiangjiang’s real estate began to be downgraded under various unfavorable factors such as high interest rates, depreciation of the Hong Kong dollar, shrinking internal consumption, declining corporate profits, and digital problems began to emerge.

   In the second year, the strong lady from England visited China, and then the hometown announced the exact time for Xiangjiang to return home.

  When this series of news came back to Xiangjiang, it directly led to Xiangjiang’s already exhausted property market. The stock market fell and collapsed quickly.

  The fuse that triggered the run of Xiangjiang Commercial Bank was the collapse of Xie Liyuan Gold Shop.

   Xie Liyuan Gold Shop was founded in the sixth year of Tongzhi in the Qing Dynasty. It was originally located in Macau. It is a century-old shop.

  During the 1970s, Xie Liyuan Gold Shop launched the “Thousands of Gold Accumulation Plan”. Citizens only need to buy gold worth one penny to open a gold trading account and buy and sell gold at the gold price of the day.

  The plan not only satisfies the desire of ordinary citizens to invest in value preservation, but also can take advantage of the gold price to arbitrage small profits, and it was very popular for a while.

   Industry insiders estimate that Xie Liyuan Gold Shop has absorbed more than 20 million yuan through this.

  However, with the changes in the gold market, Xie Liyuan Gold Shop was forced to ‘cover up’ in the market. In the end, due to poor capital turnover, Xie Liyuan Gold Shop closed down in less than a month!

   Then there was a chain reaction. Due to the close relationship between Hang Lung Bank and Xie Liyuan Gold Shop, depositors began to withdraw money from Hang Lung Bank.

   Spread from Hang Lung Bank to Overseas Trust Bank, and then Sun Hung Kai, Ka Wah, Wing On and other banks.

   It will be too easy to acquire them at that time, and there is really no need to rush at this time.

   This time it was Jian Yueqiang’s turn to be surprised, and couldn’t help but ask, “You even gave up on becoming their shareholder?”

Chu Huan nodded. If he is a shareholder of Hang Lung Bank at that time, he will follow Zhuang Rongkun, Zhuang Qingquan and others to clean up Hang Lung’s mess. It may even affect the normal operation of Jiaku Bank in that incident, so Chu Huan would definitely not choose to become their shareholder at this time!

Jian Yueqiang saw that Chu Huan’s answer was so straightforward, and it was even more difficult to understand Chu Huan’s thoughts for a while, and asked, “Ah Huan, are you really doing this to save face because I came to you?” Bar?”

Chu Huan said with a smile: “Uncle Jian, don’t worry, I can tell what is friendship and what is business. This time it is indeed you who reminded me, and it is indeed out of business considerations. Thinking like that!”

  Jian Yueqiang saw that Chu Huan said so firmly, after carefully thinking about what he said to Chu Huan before, his expression suddenly changed.

   “You don’t really want to attack Jardine in a short time, do you?”

Speaking of this, Jian Yueqiang seemed to have opened up his second line of Ren and Du, and immediately analyzed: “I understand, before you started a money-burning war in the retail industry, everyone thought that what you wanted to do was to unify Xiangjiang. The retail industry, and now we know that you are in the banking industry, what you think is that you want to take advantage of this opportunity to expand Jiaku Bank, but in fact your real purpose is to acquire Jardine Matheson?

This time, in order to compete with Yunhai Group for the share of supermarkets and convenience stores, Jardine has invested a lot of manpower and material resources in this matter. It is no exaggeration to say that Jardine must be in a state of shortage of funds at this time. It must be the best time to start acquiring Jardine? ”

  Ordinary people are on the first floor, Jian Yueqiang is on the second floor, but Chu Huan is on the third floor!

  At this time, Jian Yueqiang really understood Chu Huan’s true intentions, he really wanted to do something to Yihe!

  For Jian Yueqiang, an old Xiangjiang person who can be said to have watched Jardine become the largest British-owned foreign firm in Xiangjiang, Jardine is more like a symbol of Xiangjiang more often.

   Now Chu Huan is actually going to do something to this sign!

   “How likely does Uncle Jian think this is?”

  Chu Huan didn’t refute Jian Yueqiang’s guess. If he still refuted at this time, he would be looking down on Jian Yueqiang’s IQ.

  Jian Yueqiang sat there, and after thinking for a long time, he said: “If we only talk about commercial behavior, Jiaku definitely has the ability to acquire Jardine, and it is also very large, but…”

   “But the acquisition of Jardine should not only consider commercial factors, but also political factors, right?” Chu Huan expressed Jian Yueqiang’s worries.

Jian Yueqiang nodded and said: “Yes, you must know that Keswick has a lot of influence in London, and Jardine is his lifeblood. If you really want to buy Jardine, he will definitely fight with you of!”

Chu Huan laughed, and said: “Thank you, Uncle Jian, for reminding me just now. You can’t be too greedy. Choose one. I think it’s better to buy Jardine first. After all, where are the banks in Xiangjiang?” , whenever an acquisition is an acquisition!”

   “Hehe!” Jian Yueqiang smiled bitterly at Chu Huan’s words, and said, “To be honest, I would rather you buy those banks first. You must know that the difficulty of acquiring Jardine is definitely several times that of theirs!”

  Chu Huan said with a smile: “It is difficult first and then easy. If Jiaku can acquire Jardine, it will be of greater help to the integration of Xiangjiang’s banking industry in the future!”

Jian Yueqiang thought for a while, and said: “I also have some connections in London. I will fly to London during this period. Although it is not as good as Keswick, it will definitely help. With your relationship in London, this matter should be less difficult!”

  Chu Huan thanked earnestly: “Thank you, Uncle Jian!”

   Thank you everyone, the typo is corrected first and then corrected~

  (end of this chapter)